Oil prices briefly passed $69 per barrel Tuesday in a weeklong rally that appears short on fundamentals, yet exceedingly full of momentum.
Average retail gasoline prices continued to march upward: A gallon now costs about 46 cents more than it did a month ago.
After peaking at $69.05 Tuesday afternoon, a price not seen since early November, [...]
Posts Tagged ‘Petrochemical’
A barrel of oil crosses $69 for the first time this year; gasoline prices rise
June 2nd, 2009 by Financial Writer
Tags: Global Recession, London Financial, Petrochemical
more...Taiwan to set up petrochemical zone in Quanzhou
May 20th, 2009 by Financial Writer
Petrochemical Industry Association of Taiwan has started making preparations for the set-up of Taiwan petrochemical industry zone in Quangang petrochemical industry park in Quanzhou City of Fujian Province, the Shanghai Securities News reported.
According to the local government, the Taiwan petrochemical industry zone will involve a total investment of US$6 billion, covering an area of 4.6 [...]
Tags: Petrochemical, Quangang petrochemical industry, Taiwan News